authorization and strict authorization. We find that corruption plays a critical role in the choice of the authorization regime …. Corruption exacerbates the costs of using lenient authorization, under which production of socially harmful goods is always … authorized. In contrast, corruption can be socially beneficial under strict authorization, since it can mitigate an over …

authorization and strict authorization. We find that corruption plays a critical role in the choice of the authorization regime …. Corruption exacerbates the costs of using lenient authorization, under which production of socially harmful goods is always … authorized. In contrast, corruption can be socially beneficial under strict authorization, since it can mitigate an over …

In this paper, I study the effects of corruption on firm innovation, using a data set that covers the registration and … patent application records of the universe of firms in China. I provide empirical evidence that corruption significantly … corrupt officials in exchange for a lower entry cost and more protection. Simulation suggests that corruption reduces welfare …

This paper evaluates the effect of decentralization on innovation at the provincial level in Italy. We exploit quasi …